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FOX Business
Feb 7, 2013 8:00pm EST
. answers. >> tax train keeps rolling along but spending cuts gets derailed, i'm david asman in for neil cavuto, now they have the republicans number. senate democrats push to delay automatic spending cuts, for another three months, and the same time they demand tax hikes to be in go kind of short-term deal. sounds like groundhog day, and john lay feel said that would drive the economy into the ground, mattie, andoirk connel oh, connel are joining us thank you. we know what the democrats want. they want more responding and higher taxes anyway they can get it. the question is what the republicans are going to do about it. so far they have been snuckerred by the guys, what do you think that the republicans will do? >> i think they should tell them, you got what you wanted. what are you going to do? we knew and said you will get about 40 billion attract dollars by raising taxes on upper income, rich, whatever you want to call them. we still have a deficit over $1 trillion, they said they would run on this like fdr, and andrew jackson, what times are bad, run against rich and bankers, if i w
FOX Business
Feb 4, 2013 9:20am EST
. the president and senator reid old want more revenue beating one way or another, more taxes. and yes, the dow is turning away from backing off from 14,000. here we go, everyone. "varney & co." is about to begin. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ from td ameritrade. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. stuart: we are going to call this a news alert. senator harry reid calling for more tax increases. in an interview on abc yesterday, he said tax revenue must be part of any deal to be part of the little defense cuts. here is senator reid. >> the american people are on our side, and america p
FOX News
Feb 8, 2013 1:00pm PST
tax and replace it with a small hike in state sales tax. the republican governor on where things stan right now. governor, thank you for joining us. >> thank you, sir. >> you want to raise the state sales tax but eliminate the gas tax. give us the numbers. >> well, we do have a problem with infrastructure in america. you heard the secretary's comments and you're right. only 6% of the stimulus money was spent on infrastructure, and the rest was spent on things that didn't help much. so we have a problem and it's the gasoline tax on a state of decline because of inflation, alternative fuels and cafe standards and so forth, and we have the most congested area in america, northern virginia. so we're trying to build infrastructure. the gas tax is going to keep declining so we're suggesting let's get rid of and it replace it with a sales tax that froze with the economy. >> let's tell the viewers the numbers. the virginia gas tax is 17-1/2 cents per gallon. nationwide it's 18.4. you're saying eliminate the 17-1/2 sentences per gallon state sales tax and add .08% on sales of everything. is th
FOX News
Feb 4, 2013 1:00pm PST
'll never stop trying to raise taxes. whether or not he can succeed i don't know. he comes out of a far left ideology that believes in class warfare and radical wealth restriction and to feed that you need tax revenue coming from the so-called 1% on whom he raised tax throw it the fiscal cliff deal. he knows the real now is with the mitting class so he is coming for you. so -- >> wait, wait. right there want you to listen to this. this is also what he said. >> can we close some loopholes and deductions that folks who are well-connected and have a lot of accounts and lawyers can take advantage of so they pay lower rates than the bus driver or a cop. can we close some those of loopholes? if you combine those things together then we cannot only reduce our deficit but we can continue to invest in things like education and research and development nat are going to help us grow. >> more spending. >> and when a guy like obama uses the word invest it means more government spending. he is not stopping trying to raise taxes and when he is talking about closing loopholes and deductions, that's somethin
FOX Business
Feb 7, 2013 9:20am EST
>> we'll talk about it later. we had seven states that had no state income tax, but there are other states that are working in that direction. bobby jindal is trying to put louisiana there. the now republican governor of north carolina trying to bring down rates or perhaps eliminate them altogether. >> because they can attract business because you've got people in texas, louisiana and other states knows you can attract business and even chris christie in new jersey, he's trying to steal business out of illinois. same thing, he can give them better deals, better tax rates and a better quality of life for the residents there. more people have jobs in that state, the more revenue they pay to the state the better off the state is, they get it. >> if you want to work. if you want to sue people, you go to chicago and california. cheryl, thanks very much. coming up next, one of our voices from chicago weighs in on that city's cops, suing for overtime pay for blackberry use and a little later, bruce willis whose latest action movie is about to hit the theater coming out against gun control.
CNBC
Feb 4, 2013 6:00am EST
away from its all-time high and a taxing debate in washington. president obama once again says he's going to seek to get new revenue to help bring down the deficit and specifically, he's now calling out carried interest tax breaks again. we'll see where that goes. plus, the story that everyone is talking about this morning, the ravens holding on to beat the 49ers in the super bowl after the lights went out for 45 minutes at the superdome. we're going to try to keep the lights on. "squawk box" begins right now. ♪ if you like it then you should have put a ring on it ♪ ♪ if you like it then you should have put a ring on it ♪ >> good morning, everybody. i'm becky quick along with andrew ross sorkin. joe kernen is on vacation today so we're joined by steve liesman. we're happy to have him here. our top story this morning, the market. we have assembled a trio of wall street's most respected voices to join us for the next hour. we have a lot to talk about this morning. plus, there is that issue of the lights going out at the super dole last night. officials say an abnormality in
FOX News
Feb 4, 2013 6:00am EST
body was buried there. >>steve: straight head, he vowed not to raise taxes and his state is thriving. now louisiana governor jindal says he wants to share his tips with our present. brian's exclusive interview with that man interview with that man next. [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. fox our financial advice is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] [ male announcer ] life brings obstacles. usaa brings retirement advice. call or visit us online. we're ready to help. learn more with our free usaa retirement guide. call 877-242-usaa. it's not what you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets bra
CSPAN
Feb 8, 2013 2:00pm EST
." -- please tax me more." we have gotten so desperate in this area that we are talking about, perhaps because we cannot make a policy decision on this and have not since the early 1990's on the federal level, maybe we need to go to indexing of the fuel tax. >> you are talking like infrastructure, not to pay for subsidies, right? >> what we need is more infrastructure, and that is a public good, and it needs to be paid for, and generally with tax revenues. i do not think anybody is faulting that. i think it is sold that we need higher fuel tax, and we can use that either to reduce the deficit or to pay for something else. it was designed -- or intended -- whether it has done so successfully or not, it was done to pay for infrastructure. >> absolutely. we are not real happy about that. >> john, what are you hoping for next week? >> for some reason, i have not been consulted on that. the president in the campaign said he was 4 and all of the above energy policy, so let's have some announcements that support that -- he was for an " all of the above" energy policy. let's move forward with the thin
CSPAN
Feb 5, 2013 7:00am EST
. they are simply willing to spend money. they gave tax cuts and never paid for them. in the end they have eroded the revenue of the government. some of it is coming back. the wars are winding down. the economy is picking up. but there is a real health care problem that we have to deal with at some point. it will take some revenue. you cannot just do it by magically saying that it will fallout of the sky. you cannot cut enough to get the debt down without talking about revenue. i think it they did a little bit here at the end of january 3. everyone gave the office and will not give again. host: this editorial from "usa today," de say that it is not a spending problem -- but "usa spend money. today," others, saying that it is. guest: let me explain. the average cost spent on a senior citizen in medicare is flat. it went up 0.4% last year. it is flat spending. the fact is that beginning in 2011, all the children born after the second world war, the so-called baby boomers, are coming on. when i came to congress in 1989 there were 35 million seniors on medicare. 30 million people altogether. we have
FOX Business
Feb 8, 2013 9:20am EST
in lithuania is looking for new ways to find tax cheats, google maps. that's right, lithuanian authorities will use google street views to identify tax cheats with the real value of holdings liz: liz: don't give them ideas. i covered the taxes for a better part after decade and irs and this could be considered an invasion of privacy and whether the street view is correct and looking at the right property. there have been mistakes. charles: i remember when they started with the cameras on the vans and everybody says it's used for this purposen never for that purpose and people think there's a lot of paranoia. i think it's legitimate. it's realistic that one day that can happen here liz: liz: i'd like to see the street view of you and your property guarding or mowing the lawn. charles: the reality check, the real estate agent is ready to fight me point for point as i pour cold water on what stuart calls the bright spot in the economy. that's new at 10. ? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you
FOX Business
Feb 1, 2013 9:20am EST
, after paying $24 billion in taxes in 13 weeks. where are those shares operating? nicole: let's take a look, shares are up slightly, up 1/2%, oil around, earnings have been on the rise, earnings rose 5.9%. chemical and refining earnings provided a boost and where they did see production fall to three year lows. is a big tax payout. charles: those devious deal oil--oil companies courting the money. thanks a lot. it was january to remember for markets. it has been huge but not so much for apple shares. stock down 14% this year. and flat over the past 12 months. it has been tumbling and you see is that $2.34 hovering around at 450 area. a different story. for the blackberry that is a 9% in january all bound down 24% over the past 12 months. at stock has been extraordinarily volatile up $0.43, $13.40. we will keep an eye on them for you. the jobs report we want to bring in austan goolsbee, professor at university of chicago school of business and former white house economic adviser in chicago. thanks for joining us. your initial assessment of the jobs report number? >> rider around expec
FOX News
Feb 5, 2013 12:00pm PST
the president says must be balanced with taxes. >> it's critical to cut wasteful standing. we can't just cut our way to prosperity. deep indiscriminate cuts to things like education, training, inauguration, and national security, will cost jobs and slow down the recovery. >> shepard: runs say they already agreed to tax hikes and they aren't going to do it again. john boehner says we believe there's a better way to reduce the deficit but americans do not support less spending cuts for tax hikes. what some aresome of the details of what the president wants? reporter: the president is looking to crop $100 billion from the def site to buy an agreement that cuts a trillion and a half over the next ten years. he says the offer he made in late 2011 is still on the table. republicans say any additional revenue from tax reform should be used to lower everyone's tax rates. the president wants to cut the deficit. he says we can't afford to use it the way republicans want. >> if we are going to close these loopholes, there's no reason we should useoo the savings we obtain and turn around and spend that on n
NBC
Feb 5, 2013 6:00pm PST
taxes about 4% of a household's income. in san jose, kris sanchez, nbc bay area news. >>> comments about traffic in los angeles, turns out traffic here in the bay area is just as bad. tonight a new study reveals our dubious link with southern california. res researchers say we have the second worst traffic congestion in the nation. experts say there's no fix. a live look at our evening commute. it doesn't look so bad. let's bring in bay area's marianne favro with the details. >> reporter: whether you watch here in oakland or here in fremont, you are part of the second worst commute in the nation when it comes to hours spent waiting in traffic. a new report from the texas a&m transportation institute says only washington, d.c., drivers spend more time waiting in traffic. the study found in 2011 you spent on average 61 hours sitting in your traffic. want to put a price tag on that wasted gas and time? the institute says on average we lost $818 in a year because of those delays. then there are the health costs. the study also found the average bay area commuter put carbon dioxide into the a
CNBC
Feb 8, 2013 4:00am EST
currently have to pay 50% tax, yes, on their appearance and up to 10% of their worldwide earnings following a legal victory. other sporting events, including the dhampon's league final and the olympics have also had amnesty written into their contract. if you ever wonder why your favorite athlete may not be showing up to your favorite british competition, maybe now you have an answer. >> he raced here for the olympics and i don't think he's raced here in the previous three years. >> because look, it's not just a one off winnings related to that event, but all of a sudden your annual earnings are subject to this tax? >> it's an annual appearance fee. >> it's a pretty big incentive for athletes to say, you know what? not worth it. >> we're asking do you think it's fair for athletes to be given special tax breaks? is usain worth it? e-mail us, tweet us. >> is usain bolt worth it? >> do you want to go there? do you think it's -- do you think this event is worth it, by the way, to try to do the anniversary of the olympics to remind people and keep the positive buzz going? >> yeah. it draw tess c
FOX Business
Feb 5, 2013 11:00am EST
not have to pay the amt. it also changed the estate tax bumping down the rate of little bit lower than what it had been over the exception of little bit higher. the numbers we just show you, the real numbers will be much worse. we will find out at 1:00 o'clock. back to you. dagen: are we going to be in a statement from the white house at 1:15 p.m.? rich: he will talk about the sequester. he will push for congress to pass a smaller package of spending cuts and tax reform to avoid the economically harmful consequences. he wants tax increases and spending cuts. the tax issue is closed, says the republicans. dagen: thank you for that update. for more on the outlook and what the president will say this afternoon, we go to michael perrone. michael, good to see you. start with this cbo report. will it influence policy and what happens in washington and even the smallest way? >> the cbo is required to give a fictitious look forward at the budget numbers. it will be higher than projected unless other action is taken. the medicare doc fix, for example, will not go away. they have been voting in every
CW
Feb 5, 2013 9:00pm CST
. a credit downgrade and the state essentially broke gov quinn faces a tough tax to will also push for a vote on same-sex marriage in the opening primary where anybody can vote regardless of affiliation. former chicago area congresswoman collins has died her death reportedly due to natural causes, it happened over the weekend. she may not have made headlines all the time but she became a very influential representative of capitol hill always fighting for social justice and health-care initiatives for lower income people. she became the first african-american woman from illinois to serve in congress but she became so much more. she was meant to be a place holder, of course when she got there she decided this is where she wanted to stay. she was reelected for 12 consecutive terms from 1973- 1997 congressman danny davis with the backing tried to see her twice the put danny davis in their.re she beat him. she represented the district and working-class people she knew what the needs of the district were and she represented the city of chicago. she was one chicagos political women's rights advocat
CSPAN
Feb 2, 2013 4:10pm EST
at the washington institute. after that we have chris edwards. he is a top expert on federal and state tax and budget issues. he's testified to congress many times and his articles have appeared in "the washington post" and other newspapers. last but not least we have alex nowrasteh. he has advocated for prosperity. he was a policy analysts. his work has aweired in "the wall street journal" and he has appeared on fox news and bloomberg. i will turn the podium over to david. >> thank you and thank you to all of you for being here. it is good to have you here. my colleagues are going to talk about specific policy issues in their area of we can per tease. i'm going to open with more general, philosophical, political discussion. a lot of people believe that politics are a struggle for power and certainly if you look at history that is what politics is. it is the continuation of war by other means. it is a quest for power for your race, tribe, religion, region, whatever, your industry these days. politics is a lot about power. but we always hope that some people in the discussion of politics an
FOX Business
Feb 7, 2013 5:00pm EST
. melissa: james, last word. 21 billion went on tax incentives for energy efficiency for renewable energy projects. i mean, maybe a great thing, but should potholes have come first maybe? i mean, maybe -- >> yeah, you know, it's a shame government doesn't work because this is actually the right, general structure for tax. ideally, it's a gas tax that pays for roads. so the user is paying. and, unfortunately, it doesn't go to roads. melissa: it doesn't work, right. that's the essential problem with government. it doesn't work. all right, guys, thanks. appreciate your time. >>> time now for today's fuel gauge report. a huge winter storm is barreling down towards the northeast. have you heard about this? didn't stop natural gas futures from nose diving today. natural gas stockpiles fell far less than anticipated last week, and lower oil refinery demand, crude hit a two-week low settling at $98.83 a barrel, and opec's production fell compared to december. output shed by 200,000 barrels to 30.45 million a day. lower production by saudi arabia -- we'll place the blame there. >>> all right, so i
MSNBC
Feb 4, 2013 3:00pm PST
to the driving theme of his campaign. economic fairness. on the issue of revenue, he isn't done raising taxes on the wealthy. >> when you look at some of these deductions that certain folks are able to take advantage of, the average person can't take advantage of them. the average person doesn't have access to cay men island accounts, the average person doesn't have access to carried interest income. we just want to make sure that the whole system is fair. that it's transparent. that we're reducing our deficit in a way that doesn't hamper growth, reduce the kinds of strategies that we need in order to make sure that we're creating good jobs and a strong middle class. >> strong middle class. make sure the system is fair. it's game on for this president. joining me now is political strategist angela rye. thank you both for being with us. >> thank you, reverend al. >> jarret, let me go to you first. tax fairness is a big part of what the president wants to get done. take a look at this. there are many middle class households that are actually paying a higher tax rate than households that make ov
CNBC
Feb 7, 2013 1:00pm EST
consumers taking a hit to take home pay to higher payroll taxes which is part of the fiscal cliff resolution. courtney reagan here on the retail beat. hi, courtney. welcome back from dallas. >> january an interesting month. it is promotional. make way for full price spring merchandise. but that means many goods sold are sold at rock bottom prices that replaces it. of the 18 drugstore retailers, thompson reuters has a gain of 5.8%, year over year. far surpassing expectations of 3.5%, thanks for a demand of winter apparel. the biggest perform group by far with comps up 11.4%. discount retailers turning in the lowest comps for the month. jc penney increasing by 11.7%. sales are driven by quote fresh fashion which would suggest nonclearance sales. but the retailer up guidance, only slightly. for specialty, 8% increase in comes doubles expectations and limiting more than double on wall street chain sales. despite the big comps, limited says it's comfortable with earnings consensus and gap remains just slightly ahead of wall street estimates. disappointing, shares are selling off. >> gap has had a
CSPAN
Feb 5, 2013 10:00am EST
's new regulations or his tax increases and therefore it is all the more difficult for them to expand their businesses and create jobs in america. to add to the uncertainty, the president's proposed sequestration is set to take effect this march. despite his promise, his promise to the american people that it would never actually happen, the president has yet to take any steps to undo this harmful measure. he has shown absolute indifference to the millions of americans whose livelihoods will be severely impacted by his sequestration. house republicans have twice passed legislation to replace the president's sequester with commonsense reforms that will reduce spending, preserve and strengthen our safety net for generations and preserve our national defense. this week the house will pass a budget but it will be a responsible budget that will balance. one that will aim to grow the economy, drive down unemployment, expand opportunity and prosperity for the private sector and ensure that america maintains its leading role in the world as a strong national defender. americans can do this. w
FOX News
Feb 2, 2013 6:00am EST
. ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so important to make meone happy.♪ ♪make just one someone happy ♪and you will be happy too. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur >> we're hoping your saturday is off to a great start. before you make your breakfast, listen to this. ingredients and food we just love are banned in other countries because of how dangerous they are for our bodies. >> yeah. so what are we going to do about this. ask the authors of rich food, poor food dr. jason and certified mirra. >> good morning. the first thing you talk about is counterfeit colors. because there is artificial color in just about everything. >> absolutely. five of them that a
FOX Business
Feb 5, 2013 7:00pm EST
of spending cuts and tax reforms that would delay the economically damaging effects of a sequester for fear -- few more months. lou: headed in the right direction icaria statement considering that it contracted the last quarter, and as he is fond of doing, insisted that republicans give him something for the privilege of doing his bidding. he wants more revenue. tonight we focus on the economy, congressional budget office today not happen the president. as it predicted more fiscal and economic pain for the foreseeable future. projecting another 7 million people will lose their job based health insurance because of obamacare. the cbo director says high unemployment is here to stay. >> under current law we expect that the unemployment rate will remain above seven and a half% through next year. that would make 2014 that sixth year in a row that unemployment is so high, the longest such in 70 years. lou: today president of bollinger and at least part of his focus from sequestration and control the illegal immigration. again, the president not helped when democratic congressman john conyers toda
MSNBC
Feb 4, 2013 3:00am PST
? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> it hasn't sunk in yet. crazy. unbelievable. tough to put into words because it just really hasn't sunk in yet. i don't even think it's sunk in that we're here, let alone won the thing, so pretty cool. >> the way that game played out when it was 28-6 and the lights went out and whatever happened, i just knew with jim harbaugh being on the other sideline and all those years that we've been together, that that game was going to be a dogfight right to the end. that those guys were coming back. >> i just try to let my teammates at this moment know what we feel like. and last night when i had the conversation with them, you know, that just came directly from my heart to tell them what this feeling would feel like and what god has showed me and for us
FOX News
Feb 3, 2013 3:00am PST
in their paychecks because of this payroll tax. >> that is a real concern, right? so americans are continuing to feel the pain of the economic recovery being very slow. the bottom line is the bureau of economic analysis said the shrinking economy is a cause by a reduction in government spending. so the president is drying to say look we have to get stimulus into the economy. we need to get everyone back to work. that is caused by more spending not less spending. >> the democrats have proposed you cannot spend your way into prosperity. nor you can't tax people into prosperity. what you need to do is let the free markets take control. and basically in washington, d.c., we have bigger government. the president appointed 32 czars. what are those czars doing? >> czars is just a shortening of their actual title which is normally long in the federal government. i think that bureau of economic analysis saying that the cause of the shrink damage is due to the reduction in spending that's something we need to look at. >> we have reduced spending. >> talking about they are happy to hear the president talking ab
NBC
Feb 2, 2013 6:00am EST
. >>> as tax season starts, a federal judge repealed to enforce new regulation on tax preparers. the irs wanted to have tax preparers pass a competency plan. the irs wanted the regulations to take effect while they appealed the decision, but the judge denied that request. the irs says the rules are needed to address an increase of what it calls poorly filed returns. >>> and the earlier you file, by the way, the better. tax services say if you wait to file your taxes, there's a chance you could become a victim of identity theft. if that happens, it could mean big problems for you come refund time. >> they'll get ahold of their social security numbers. they can get ahold of their social security numbers for their dependents, their children they claim on their tax return. that can cause massive delays in them getting the refund. >> tax companies say fraud stst are already working to steal identities. >>> some drivers in virginia are complaining about the price of driving on the new 495 expressway. many say the toll goes up even when there aren't any traffic issues in those lanes. transurban, which
Current
Feb 8, 2013 6:00am PST
the effects of obamacare including the medical device tax that is cutting r&d and causing layoffs across the country in the most innovative firms, the fact that so many people who were intending to no longer going into medicine, thank you, brain drain, a consequence of obamacare, and doctor who were individual practicers are either bailing and retiring all together or going into concierge care. have you heard that term? do you know the people that are shutting down their practices, dropping insurance all together where now only the wealthiest can pay for care. congratulations obamacare. heck of a job. >> stephanie: so we tried to impact that little rice ball of nonsense yesterday. and i got a letter i sent to you. dede rights malkin is right. hey, steph the hospitals systems have brought up the big doctor practices. smaller doctors were not brought into their systems. medicare pays three times the amount that they pay a single doctor. i'm related to a physician. there is going to be a shortage of doctors. i'm very concerned -- blah blah blah. what are your thoughts on
FOX Business
Feb 1, 2013 11:00am EST
's they will undermine everything you do right away. it hurts the economy. remember these guys aren't paying taxes or investing in people or investing in the next iphone, they are not trying to put the super bowl on, they are criminals. when you buy something from these people your money is going to organized criminals overseas. dagen: how do you drive that message come from nfl fans? if i want to stick jersey, nike wasn't making one, i am going to go out and find it some way somehow? >> that is a great question. we work with licensees to make sure there's merchandize the fans want that are available for them at every price point. so that they are not tempted to go out and buy something from a counterfeiter. we work hard with licensees and local businesses in new orleans and elsewhere to make sure we can meet the demands. dagen: designed it to go to the game since he is in frugal in this crackdown on counterfeiters? did you get him a ticket? >> we would love to have him. dagen: i would buy a plane ticket and 5 were you. john morton and anastasia daniels on the crackdown nfl merchandise or counterf
CSPAN
Feb 1, 2013 10:30pm EST
is there that he put spending cuts on the table. he asked them for them to be paired with tax increases as well. there is more good will than people realize. more agreement that we have such a big budget problem that will we're going to fire on all cylinders. we have to cut spending. frankly, we have raise more revenue. >> you're listening to the california program and our speakers are economic experts. we are discussing national, regional, and global economic challenges. you can find video online. there's a series of questions around employment and job growth. what what is your outlook on job growth? >> i will start. i think -- i will say i was here last year and i'm more optimistic this year than last year. we made a significant amount of progress. it looks like housing prices have started to turn the corner. if you look at household balance sheets we see that consumers have paid down that debt that weighed on them. i think there are reasons to be optimistic. i am fairly optimistic. i think we still have things weighing on us. i think the concern about, are we going to shoot ourselves in the
CSPAN
Feb 2, 2013 7:00am EST
religious institutions ought not to be tax-exempt and get all the tax breaks that they do. they are using their tax breaks to hire lawyers that are costing the taxpayers even more money to basically just have a normal secular society. this issue of birth control, the rest of the world is laughing at us that we are even controverting over it. it should not even be an issue on the table. again, the tax-exempt status for religious institutions, i do not know if there are organizations that are trying to repeal this tax-exempt status, but i never really heard of a program on c- span about it, but these organizations, these religious institutions -- it is the tax breaks they get. host: nick from fairview, tennessee. on the independent line. caller: this is a ploy. socialists like the kennedys and obama, they will vilify -- if they cannot get it right, kruschev said, we will take two steps forward, and one step backward. we no longer live under a constitutional republic. liberals claim that it is a religious group that is against them. the state has become the major religion in this country. th
CW
Feb 7, 2013 9:00pm CST
equals cash. see you. bye. i'm a tax professional. that's all i know. prior to joining h&r block... i was a cfo for 25 years. we know and we understand... tax laws, tax theories. this is my dream job. this is my favorite thing in the world to do. i've done 25,000 tax returns. you might say i've had some experience. i will back you up. bring it on. want to get started on a great weekend? start at enterprise. with great weekend rates starting at just $9.99 a day. weekends at enterprise are special. let us show you what that means. (announcer) pick enterprise. we'll pick you up. it's the valentine's day sale at kmart! get 50% off women's sleepwear plus, buy three american greetings cards and get these russell stover chocolates free don't miss out! at kmart captioning provided by abc family channel captioned by closed captioning services, inc.
MSNBC
Feb 6, 2013 6:00am PST
immediately on a bigger package, they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a few more months. >> secondly, the white house wanted to signal how they would like to see the rest of these budget negotiations go in 2013, not with one-on-one deal-making but passed through the regular order in congress. the president said he expects that it's going to take time, and while white house wants immigration and gun violence proposals passed by say the fourth of july, they recognize that a budget deal probably won't happen until october. now, as for sequester, cue the blame game. sequester is the most unpopular thing in washington that everybody once supported and now nobody claims to own. while the president tried to blame congress republican leaders pointed their fingers right back at the president. >> the house on two occasions has passed a plan to replace the sequester. it's time for the senate democrats to do their work. it's time for the president to offer his ideas about how to replace the seq
NBC
Feb 2, 2013 9:00am EST
taxes could put you at risk. >>> and the history lesson for singer alicia keys from legendary poe et maya angelou. almost tastes like one of jack's cereals. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of a day's fiber. fiber one. ♪ shimmy, shimmy chocolate. ♪ shimmy, shimmy chocolate. ♪ we, we chocolate cross over. ♪ yeah, we chocolate cross over. ♪ [ male announcer ] introducing fiber one 80 calorie chocolate cereal. ♪ chocolate. >>> good morning. welcome to news 4 today. i'm angie goff. >> and i'm richard jordan. time now to check on our forecast. >> we've heard from punxsutawney phil, potomac phil, but what about nebraska avenue chuck? >> well, i can tell you one thing, we have a little sunshine out here. i'm going to ask our director to do the million-dollar shot pan down to the shadow we go. can you see nebraska chuck's shadow on the sidewalk? move around, let's see. yes, you can. it's there's. just a hint of a shadow on the storm team 4 weather deck this morn
MSNBC
Feb 7, 2013 10:00pm PST
the reduction of tax loopholes. >> they recognize that the sequester is a bad idea, but what they suggested is that the only way to replace it now is for us to cut social security, cut medicare, and not close a single loophole, not raise any additional revenue from the wealthiest americans or corporations that have a lot of lawyers and accountants who are able to maneuver and manage and work and game the system. and i have to tell you, if that's an argument that they want to have before the court of public opinion, that is an argument i'm more than willing to engage in. >> joining me now is nobel prize winning economist paul krugman. he's a professor of economics at princeton university and author of the book, "end this depression now" which is now available in paperback. professor krugman, you know what i do, i take notes. i'm going to be over here taking notes. i want to get your reaction to what the president said today about his eagerness for a big deal with republicans and what are the possibilities there? >> well, okay. i believe there is no possibility. >> exactly what i thought. >>
FOX Business
Feb 7, 2013 11:00am EST
the technology cost but many companies in idaho are discovering it actually can increase their tax bills. software is tangible property regardless of how it is transferred to the customer. idaho the most recent state to tax cloud services. and according to a new survey, young adults are now facing stress levels that are higher than the national average. this is a survey done by the american psychological association and finds 18 to 33-year-olds reporte report beid by health care provider they have depression or anxiety disorder more than any other age group. they also say stress has kept them awake at night in the past month. topping the list of sources of stress, work, money, the economy, the usual, i guess. dagen: suck it up. connell: somebody is making up $200 million richer. the $270 million powerball ticket was sold last night, the winner has yet to come forward. the lucky winner has 180 days to collect and they will make the name public. dagen: a quarter past the hour, stocks down every 15 minutes, nicole petallides at the new york stock exchange with news on apple. nicole: we have
CSPAN
Feb 4, 2013 12:00pm EST
, or a suggestion that we need to impose a carbon tax, because that is designed to increase the costs. in my state of alaska, in a community like [indiscernible] a you come community on the river, they pay $6.90 for their diesel. that is how they heat their homes. when you suggest to them that the best thing to do is increase the price to decrease consumption, i do not know what the temperature is there this morning, but last week in the interior temperatures range between 45 degrees below zero and 50 degrees below zero. i cannot go back to alaska and tell people that the way that we tackle this is to increase your prices, demanding you to use less and limit your choices. that is not what a strong nation does. what a strong nation does is figure out how we advanced to the next stage, how we build out these clean technologies and diverse technologies that will allow us to do your choices. more and do it in a clean and environmentally responsible way. raising our energy costs, imposing the mandates, other heavy handed ideas but are out there for reducing greenhouse gas emissions, they will not pass.
FOX News
Feb 5, 2013 3:00am PST
a tax? stu varney with what's wrong behind that record-breaking tax hike? he joins us live in studio e. e. good morning, stu. years ago, my doctor told me to take a centrum silver multivitamin every day. i told him, sure. can't hurt, right? then i heard this news about a multivitamin study looking at long-term health benefits for men over 50. the one they used in that study... centrum silver. that's what i take. my doctor! he knows his stuff. [ male announcer ] centrum. the most recommended. most preferred. most studied. centrum, always your most complete. because the portions were much larger. and i just felt like i needed to eat it all because it was so yummy. weight watchers online worked for me because it lets me live my life. i can still go out with my friends. i can still enjoy my favorite foods and drinks. it's just a smarter way of eating. i lost 40 lbs. wow it's amazing. my most favorite part of my new body is my bottom. [ laughs ] [ hudson ] weight watchers online. the power of weight watchers completely online. join for free today. >> you remember when president obama said t
PBS
Feb 1, 2013 7:00pm PST
cameras, but we managed to post a before-tax profit and after-tax profit. >> panasonic's net came to $670 million. group sales fell 8% from a year earlier. the company managed to cut costs by slashing jobs. a decline in the price of rare earths and other raw materials was also a help. the firm has kept its forecast for this fiscal year. it expects to lose more than $8 billion. panasonic officials says the business environment could change though the yen's decline would push up sales. competition in the digital product market has been intensifying. >>> sharp said it posted its first profit in five quarters in the final three months of last year. sharp executives say operating profit in the october to december period totalled about $28 million. that came largely from higher than targeted sales of smartphones and crystal television sets. the company set up a goal to start posting profits in the second half of this fiscal year that ended in march this is a condition for the firm to continue to receive support from its main banks. the managing director says the company will make speedy efforts
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